UCPusky
"Knowledge is Good" - Emil Faber
- Joined
- Aug 30, 2011
- Messages
- 176
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- 435
A new expense looms for college athletic departments
This will certainly add to the ever-growing divide between the big players and all others.
"For a program like Oregon’s, which has an annual operating budget of more than $100 million, that’s significant but not insurmountable.
For Arkansas State, it’s a much more serious issue.
Athletics director Terry Mohajir, citing information he had received from his university’s human-resources office, said last week 34 of his department’s 72 employees currently have salaries that could shift them from exempt status to non-exempt. Based on those employees’ current pay, he estimated it will cost his department roughly $500,000 in salary increases to keep them exempt – and the salary increases will trigger another $200,000 in benefits costs."
This will certainly add to the ever-growing divide between the big players and all others.
"For a program like Oregon’s, which has an annual operating budget of more than $100 million, that’s significant but not insurmountable.
For Arkansas State, it’s a much more serious issue.
Athletics director Terry Mohajir, citing information he had received from his university’s human-resources office, said last week 34 of his department’s 72 employees currently have salaries that could shift them from exempt status to non-exempt. Based on those employees’ current pay, he estimated it will cost his department roughly $500,000 in salary increases to keep them exempt – and the salary increases will trigger another $200,000 in benefits costs."